Reborn in 2010, the AI ​​in my mind is too powerful.

On the first business day after Christmas, the NBA league office at 645 Fifth Avenue in New York received an email with the application. Staff quickly forwarded it to the president's office, the legal department, and the financial review committee.

Normally, the entire process of transferring ownership of a team takes at least three months.

The alliance must examine the source of the buyer's funds, confirm that there are no irregularities in related-party transactions, and conduct background checks to ensure that the new shareholders will not affect the alliance's business interests.

As the value of NBA teams increased, and the league allowed private equity firms to hold up to 30% of team shares after 2010.

The situation before the millennium, where wealthy individuals owned or nearly owned teams entirely, and these teams were essentially toys with little complex financing structure, has gradually decreased.

Since 2000, NBA teams have changed ownership 14 times, only 3 of which were when one owner completely controlled the team.

These include Cuban buying the Mavericks, Jordan owning 65% of the Bobcats, and Russia's richest man, Prokhorov, owning 80% of the Nets.

This makes the initial process very simple; the only concern is compliance review. For example, when the Russians bought the Nets, they went through a very complicated background check.

After reviewing the documents in the president's office, David Stern, who had not yet retired, made a phone call to Lacob, the Warriors' former controlling shareholder, to inquire about the situation.

After all, this acquisition came too suddenly, without any prior warning. Chen Yiran had never revealed any particular fondness for basketball. But this scene was just too beautiful to watch.

A young, wealthy Silicon Valley businessman, who is Chinese, bought a basketball team in San Francisco.

It's important to know that Asians make up 34.1% of San Francisco's population, with Chinese making up 21.4% of the city's population, making them the largest single ethnic group in San Francisco.

Most Chinese people aren't particularly fond of spending money on sports. The influx of these new fans could very well make the Warriors a symbol of San Francisco, surpassing the San Francisco 49ers in popularity.

Furthermore, Chen Yiran is very popular among young people and online. She can generate a lot of buzz, and one can even speculate on whether there could be further collaborations between the NBA, Apple's Duck Video, and Netflix in the future.

The background check was also very simple: Chen Yiran's business was in the United States, unlike that Russian who was a complete foreign oligarch.

Even in recent weeks, the previously much-discussed Apple acquisition of Disney has seen less opposition. David Stern, a seasoned veteran, sensed that things were definitely not simple and that Chen Yiran must have a lot of supporters behind him.

Lacob recounted the whole story and explained that his son would not be leaving the Warriors' operations, but would ultimately retain about 10% of the shares, held by his mother's trust.

David Stern felt he had no more doubts, so he gave instructions to his subordinates to push the matter forward at full speed and try to finalize it within a month. At the same time, he contacted the media to leak information in advance to generate some traffic.

This is how the league operates. Many reporters get their information from the commissioner's office or team owners, who have various reasons to leak information in advance.

Hours later, ESPN’s chief NBA reporter Marc Stein got the bombshell news and immediately understood why the league had contacted him first.

ESPN is owned by Disney, and their interests dictate their thinking. Marc Stein immediately wrote a series of press releases giving a very positive evaluation of Chen Yiran's joining the Warriors.

After review by senior management, the station immediately released this breaking news.

The Golden State Warriors are transferring controlling ownership to Silicon Valley billionaire Chen Yiran, with the deal valuing the team at nearly one billion US dollars.

When Stern was asked about the trade during his routine press briefing that evening, he did not shy away from the question: "Mr. Chen is the most technologically influential potential shareholder the NBA has ever approached, and we warmly welcome him to the team."

These remarks were immediately passed on to Paul Allen, owner of the Portland Trail Blazers and co-founder of Microsoft.

Paul Allen did not deny this view: "I think the more technical people are, the more they can appreciate Chen Yiran's technological strength. I believe his technological influence is definitely greater than mine, and it's only a matter of time before he surpasses Gates and Jobs."

After these remarks were made, the discussion became even more heated, and it even started to go off-topic. Many people began to think that Bill Gates was completely unqualified to be compared with Steve Jobs and Chen Yiran.

The New York Times sports section published a full-page feature analysis that day, titled "Silicon Valley Invades the NBA." While the headline used the word "invade," it was actually written from the Knicks' perspective.

After all, Chen Yiran's previous companies had all been successful. The F1 team he bought won the Constructors' Championship this year, and Hamilton also won the Drivers' Championship. Now, the Warriors, although not yet a top-tier team, are clearly on the rise, and perhaps Chen Yiran is about to achieve another success.

Of course, there are also dissenting voices. Bill Simmons, a well-known American sports columnist, wrote in his column: "I have reservations about whether a 22-year-old Chinese man can understand the Golden State Warriors' fan culture."

While the US reaction was explosive, it still couldn't compare to China's.

When the news of Chen Yiran's acquisition of the Warriors reached China, as the first team owned by a Chinese person, the Warriors immediately became the main team for most people, just like the Rockets.